Credit Suisse was found guilty of money laundering last year by a Swiss court.
France fined them over 200 million dollars last year in a completely separate incident.
They’ve been on a multi-decade corruption and bad investment binge. There are probably good examples of the US banking system bullying foreign banks but this isn’t one.
Don’t die on the “no actually Credit Suisse is the victim” hill.
France fined them over 200 million dollars last year in a completely separate incident.
They’ve been on a multi-decade corruption and bad investment binge. There are probably good examples of the US banking system bullying foreign banks but this isn’t one.
Don’t die on the “no actually Credit Suisse is the victim” hill.